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Stock impact report

Update on Regulatory Clearances for Recommended Cash Acquisition of Spirent Communications by Keysight

Keysight Technologies Inc. (KEYS) 
Last keysight technologies inc. earnings: 2/24 04:05 pm Check Earnings Report
Company Research Source: Business Wire
Keysight continues to proactively progress the regulatory clearances for its acquisition of Spirent CommunicationsProcess underway to divest Spirent’s high-speed ethernet and network security business linesSpirent’s shareholders approved the transaction on May 22, 2024Reconfirming the Scheme is expected to become effective during the first half of Keysight’s fiscal 2025 SANTA ROSA, Calif. & LONDON--(BUSINESS WIRE)--On March 28, 2024, the boards of Spirent Communications PLC (London Stock Exchange Symbol: SPT) (“Spirent”) and Keysight Technologies, Inc. (NYSE: KEYS) (“Keysight”) announced that they had reached an agreement on the terms and conditions of a recommended all-cash acquisition of the entire issued and to be issued ordinary share capital of Spirent (the “Acquisition”), to be effected through a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006. On May 22, 2024, the relevant resolutions proposed at the Court Meeting and General Meeting of Spirent Show less Read more
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